Warren Buffett Just Issued a $344 Billion Ominous Warning to Wall Street -- but Are Investors Paying Attention?

Wall Street is chock-full of recognizable analysts and fund managers. However, none has the ability to garner the attention of professional and everyday investors quite like the Oracle of Omaha, Warren Buffett.

Since grabbing the reins as CEO of Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) 60 years ago, Buffett has overseen a 5,637,640% cumulative return in his company's Class A shares (BRK.A), as of the closing bell on Aug. 8. When you handily outperform the benchmark S 500 (SNPINDEX: ^GSPC) -- the S&P 500 has gained approximately 42,500%, including dividends, over six decades -- you're bound to be noticed.

But as an investor, you have to learn to take the bad with the good. While investors frequently look to Berkshire's billionaire boss for ideas as to which stocks to buy, a seemingly unstoppable stock market rally has them overlooking a $344 billion ominous warning Buffett just issued.

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Source Fool.com